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Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 281 · 40 sums
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The method (Out of 100): p% of a number = number × p ÷ 100. Profit = SP − CP; loss = CP − SP. Profit % (or loss %) = profit (or loss) ÷ CP × 100. Selling price at p% profit = CP + p% of CP; at p% loss = CP − p% of CP. Simple interest = P × R × T ÷ 100; amount = P + SI. % increase or decrease = change ÷ old value × 100.

NameDateTime takenScore ___ / 40
  1. 1.What is the amount (principal + simple interest) on ₹600 at 4% per year for 2 years (in ₹)?
  2. 2.What is 90% of 860?
  3. 3.A cooler costs ₹2900. It is sold at a 20% profit. What is the selling price (in ₹)?
  4. 4.A cooler costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
  5. 5.What is 35% of 120?
  6. 6.What is 45% of 140?
  7. 7.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2370. What is the loss (in ₹)?
  8. 8.A shopkeeper buys a table for ₹1100 and sells it for ₹1360. What is the profit (in ₹)?
  9. 9.A shopkeeper buys a cooler for ₹400 and sells it for ₹680. What is the profit (in ₹)?
  10. 10.The price of a water bottle changed from ₹80 to ₹88. What is the percentage increase?
  11. 11.A shopkeeper buys a fan for ₹950 and sells it for ₹1000. What is the profit (in ₹)?
  12. 12.A shopkeeper buys a fan for ₹2250 and sells it for ₹2490. What is the profit (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹5400 at 9% per year for 5 years (in ₹)?
  14. 14.What is the simple interest on ₹8700 at 9% per year for 5 years (in ₹)?
  15. 15.What is the simple interest on ₹5900 at 8% per year for 1 year (in ₹)?
  16. 16.A cycle costs ₹1400. It is sold at a 20% loss. What is the selling price (in ₹)?
  17. 17.A shopkeeper buys a table for ₹1300 and sells it for ₹1440. What is the profit (in ₹)?
  18. 18.A shopkeeper buys a cooler for ₹2150 and sells it for ₹1940. What is the loss (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹900 at 7% per year for 3 years (in ₹)?
  20. 20.A shopkeeper buys a watch for ₹2400 and sells it for ₹2240. What is the loss (in ₹)?
  21. 21.What is 60% of 260?
  22. 22.What is the simple interest on ₹7200 at 11% per year for 4 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹1300 at 10% per year for 4 years (in ₹)?
  24. 24.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹470. What is the profit (in ₹)?
  25. 25.A shopkeeper buys a table for ₹900 and sells it for ₹1050. What is the profit (in ₹)?
  26. 26.The price of a bus pass changed from ₹20 to ₹38. What is the percentage increase?
  27. 27.What is 10% of 140?
  28. 28.A cycle costs ₹2800. It is sold at a 40% loss. What is the selling price (in ₹)?
  29. 29.The price of a box of mangoes changed from ₹400 to ₹392. What is the percentage decrease?
  30. 30.What is the amount (principal + simple interest) on ₹3300 at 9% per year for 1 year (in ₹)?
  31. 31.The price of a school bag changed from ₹40 to ₹48. What is the percentage increase?
  32. 32.What is the simple interest on ₹9800 at 5% per year for 3 years (in ₹)?
  33. 33.What is 30% of 240?
  34. 34.The price of a box of mangoes changed from ₹250 to ₹375. What is the percentage increase?
  35. 35.A cooler bought for ₹800 is sold for ₹400. What is the loss per cent?
  36. 36.What is the amount (principal + simple interest) on ₹7400 at 5% per year for 5 years (in ₹)?
  37. 37.A shopkeeper buys a table for ₹1000 and sells it for ₹1280. What is the profit (in ₹)?
  38. 38.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1100. What is the profit (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹8400 at 10% per year for 3 years (in ₹)?
  40. 40.A table costs ₹2200. It is sold at a 25% loss. What is the selling price (in ₹)?

Answer key

  1. 648
  2. 774
  3. 3480
  4. 3600
  5. 42
  6. 63
  7. 80
  8. 260
  9. 280
  10. 10
  11. 50
  12. 240
  13. 7830
  14. 3915
  15. 472
  16. 1120
  17. 140
  18. 210
  19. 1089
  20. 160
  21. 156
  22. 3168
  23. 1820
  24. 220
  25. 150
  26. 90
  27. 14
  28. 1680
  29. 2
  30. 3597
  31. 20
  32. 1470
  33. 72
  34. 50
  35. 50
  36. 9250
  37. 280
  38. 100
  39. 10920
  40. 1650

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